The price of Bitcoin (BTCUSD) shows a more bearish tendency to move below the 41000.00 barrier, reinforcing expectations for the continuation of the downward trend for the rest of the day, remembering that our first target is at 37800, breaking which represents the key to rushing towards 36928.90 as a next corrective target, taking into account that the push is upward. Testing 43282.30 will stop the bearish corrective scenario and strengthen the price to try to restore the main upward trend again.
The expected trading range for today is between support 39700.00 and Resistance 42000.00
Pivot price 41850
Resistance Price: 43200 & 49720
support price: 37800 & 31890
The expected trading range for today is between support 39700.00 and Resistance 42000.00
Pivot price 41850
Resistance Price: 43200 & 49720
support price: 37800 & 31890
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.